The currency pair goes from the descending trendline down.
A continuation of the bearish trend down to the next support line at 26.630000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 27.740000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 29.440000000 |
2nd High | 28.890000000 |
Next High | 27.740000000 |
Current Price | 26.900000000 |
Next Low | 26.630000000 |
2nd Low | 25.100000000 |
3rd Low | 23.900000000 |